Legality of the Leveraged Lending Guidance is Questioned
Limits on Creditors’ Remedies Against Solvent Debtors Echoed in the Quadrant Litigation
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In a story appearing in the Queens Gazette about proposed plans for a 19-story building in Sunnyside, Queens, Kramer Levin was noted as representing the building owner, North 30 Associates LLC, as it seeks a variance from the city Board of Standards and Appeals. The proposal calls for using the site as a dormitory for CUNY students from Baruch, Hunter, CUNY Graduate Center and John Jay College of Criminal Justice, as well as as-of-right convenience retail and mini storage facilities.